Category Archive 'Jobs'

17 Jul 2010

How Long Will Recovery Take?

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When recovery actually begins to occur, this Brookings Chart shows that “If future job growth continues at a rate of roughly 208,000 jobs per month, the average monthly job creation for the best year for job creation in the 2000s, it would take 136 months (more than 11 years). In a more optimistic scenario, with 321,000 jobs created per month, the average monthly job creation for the best year in the 1990s, it would take over 57 months (almost 5 years).”

Hat tip to Ezra Klein.


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